Earnings ·
Clean Energy Fuels reports Q3 revenue of $112.2M and raises full-year adjusted EBITDA outlook to $75M-$80M
CLNEClean Energy Fuels Corp.
Clean Energy Fuels Corp. reported third-quarter 2026 revenue of $112.2 million, up from $106.1 million in the prior year period, driven by a 9% increase in renewable natural gas (RNG) gallons sold to 66.8 million. The company posted a GAAP net loss of $5.7 million, or $0.03 per share, compared to a $23.8 million loss in Q3 2025, while adjusted EBITDA rose to $27.2 million from $17.3 million. Management raised its full-year 2026 adjusted EBITDA guidance range to $75 million–$80 million, up from the previous $70 million–$75 million estimate. Strategic highlights included closing a $30.7 million sale of federal tax credits and securing a $27.5 million contract for a new hydrogen fueling station. The company also announced leadership changes, appointing Sean Wine as Chief Revenue Officer and Jason Armstrong as Chief Financial Officer. Clean Energy Fuels Corp. is the largest provider of renewable natural gas and compressed natural gas fuels for transportation in North America.